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To take advantage of the emerging opportunities to the extent possible, LOTS Shipping Limited has created two subsidiaries viz. LOTS International and Master Shipyard Private Limited.
LOTS International Limited, an offshore company registered in the JAFZA (Jebel Ali Free Zone Area), Dubai, UAE. This company is owns and operates the following vessels:
M V Ponmudi a 1850 DWT general cargo vessel on the East African sector.
Further acquisitions of sea going assets are planned by this company to augment its fleet and strengthen the ocean shipping activities of the company.
Master Shipyard Private Limited is a ship building company located at Edakochi famous for its traditional ship building and repairing legacy. The company has leased three acres of land in the waterfront where it has the ship-building yard. The company has so far successfully built and launched several barges. The company has recently completed the construction of a 500 DWT Tanker Barge, 800 DWT Dumb Barge, Jack up Barge for UAE and Pusher Barge for Sudan. 2 Nos 1600 dry cargo cum container river sea vessels and a Steel Yacht are nearing completion. .
Managed professionally by a team of highly experienced ship builders, Master Shipyard has all the equipment and machinery required for vessel building. |